Banks in the euro area might struggle to get money from markets, especially in dollars and other foreign currencies, if global tensions keep rising. This warning came from the European Systemic Risk Board (ESRB) on a Thursday. Recently, things got tense between Europe and the U. S. over President T
World leaders are carefully considering an invitation to join a new "Board of Peace" proposed by U. S. President Donald Trump. This initiative aims to tackle global conflicts, starting with the Gaza situation. However, there are concerns about how this board might affect the United Nations. Hungary
Banks are in a tough spot right now. President Trump has suggested capping credit card interest rates at 10% for a year. This idea has caused quite a stir in the finance world. Banks are trying to figure out what to do next. The problem is, there's no clear plan on how this cap would work. The Whit
Finance teams just got a powerful new ally. Pacera, a fresh software company, is here to shake things up. It's made by merging three well-known Nordic finance tools: Aico, AARO, and Mercur. Each of these tools has been helping finance teams for years. Aico handles the financial close process. AARO m
Corporate boards are facing a tough time with diversity, equity, and inclusion (DEI) programs. The rules are changing, and it's not easy to keep up. Companies with operations worldwide have it even harder because laws differ from one place to another. To handle this, boards need to be well-informed
World Liberty Financial has taken a bold step by applying for a national trust bank charter with the U. S. Office of the Comptroller of the Currency (OCC). This move aims to bring its USD1 stablecoin under federal oversight, a significant shift in the crypto landscape. The company, known for its ti
Finance teams are changing how they work. They are using AI to handle routine tasks. This lets them focus on more important things. AI can do things like closing books, forecasting, and reporting. It can also spot problems and give clear results. Humans still make the big decisions. They guide the A
Finance leaders face a tough job. They deal with constant changes and high stress. But what if the key to success isn't just about crunching numbers? What if it's about mindset? A recent conversation with Chikako Tyler, COO at California Bank & Trust, shed light on this. She's not your typical fina
World of Warcraft, a game that has been around for over two decades, recently introduced a highly anticipated housing feature. However, players quickly found a way to make their houses float using a hidden game glitch. Instead of fixing this exploit, Blizzard, the game's developer, decided to make i
Finance chiefs are in the hot seat, balancing new tech and old risks. They're not just crunching numbers anymore. They're steering the ship, especially with AI shaking things up. But it's not easy. The world's a mess with economic uncertainty and supply chain chaos. Yet, finance leaders are stepping
